Archives for June 30, 2018

China’s National Development and Reform Commission recently announced the elimination of foreign equity restrictions on special-purpose vehicles and new energy vehicles in 2018, on commercial vehicles in 2020 and on passenger vehicles in 2022.

In addition to the opportunity to own their own manufacturing ventures, foreign automakers are no longer restricted to having only two joint ventures in China.

2017 was a bumper year for robotics investment, with even more funds to come, according to a report by ABI Research

The robotics industry continued to go from strength to strength as 2017 represented the largest year of investment, with the total amount adding up to $2.7 billion, according to ABI Research, a market-forecast advisory firm.

Rian Whitton, research analyst at ABI Research, says: “While the growth in investment from 2016 to 2017, at 23.2 per cent, slowed from growth between 2015 and 2016, this was affected by applying a narrower understanding of robotics, leaving out categories like autonomous cars.

This month’s issue of Sensor Readings magazine – which you can find soon on this website and on Issuu.com – features an article about the recent Automatica event, held every two years in Munich, Germany.

It’s probably the largest exhibition in the world built around the industrial automation industry.